On June 23, citizens of the United Kingdom (UK) voted to leave the European Union (EU). Britain's decision, one of the most significant by a Western country in the past several decades, reverses course of expansion for the EU which had grown to 28 countries. This action had significant impacts on the global markets over the last few days. Here is a link to the summary providing additional background on what happened, the impact and our thoughts on the market's reaction. UK Referendum